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Assistant Vice President Commercial Banking Portfolio Management

BankTalent HQ
Expected Salary Range: $100,000-$130,000 Salary negotiated based on relevant skills and experience
life insurance, paid time off, 401(k)
United States, Illinois, Northbrook
Apr 11, 2025

Basic Function

Responsible for assisting in the origination and underwriting of commercial loan and owner-occupied commercial real estate applications and responsible for managing client relationships.

Essential Duties



  1. Assist in originating, underwriting and closing commercial loans and owner-occupied commercial real estate loans

    • Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, agent banks, borrowers and Bank credit files
    • Prepare spreadsheets, reports, summaries and opinions for loan officers on new, renewal and existing loans
    • Perform credit inquiries for the Bank as requested
    • Establish, review and update new and existing credit files on a regular basis
    • Provide technical advice and assistance to Loan Officers as needed
    • Work with Relationship Manager on proposals
    • Prepare loan approval presentations
    • Work with Loan Operations and/or attorneys to generate and review (for accuracy) documents and coordinate loan closings



  2. Management of client relationships

    • Negotiate loan extensions and renewals
    • Respond to client inquiries
    • Request and review updated financial and operating information. Confirm or recommend loan grade changes based on analysis performed
    • Covenant compliance testing
    • Update loan files
    • Assist in preparation of Watch Report, Board Reports and other reporting as needed
    • Work with Loan Operations and Deposit Operations to resolve client issues
    • Fund draw requests
    • Work with Treasury Management to meet the clients' cash management needs
    • Monitor and address past due loans and overdrawn deposit accounts



  3. Additional departmental duties

    • Attend department meetings
    • Attend Management Loan Committee and Director's Loan Committee meetings
    • Attend Bank Officer meetings
    • Review information on market trends in commercial lending
    • Maintain knowledge of underwriting and Loan Policy guidelines
    • Attend training as required



  4. Participation in CRA activities

  5. Participation in networking events


Nonessential Duties



  • Other duties as assigned


Qualifications

Knowledge, Skills & Abilities



  • Strong verbal and written skills
  • Detail orientated
  • Skilled at financial analysis
  • Knowledge of commercial lending, loan policy and regulatory requirements
  • Proficiency in Microsoft Office applications including Excel, Word and PowerPoint
  • Ability to interact with clients in a professional, tactful and diplomatic manner
  • Ability to collaborate with loan officers, loan operations, and deposit operations to accomplish goals
  • Ability to multi-task while meeting deadlines



Training & Experience



  • College degree in Finance, Accounting or a related field
  • Completion of a credit training program, preferably through a bank credit department
  • Minimum of 5 years' experience in commercial lending, preferably with franchise finance and construction lending experience.



Compensation



  • Expected Salary Range: $100,000 - $130,000
  • Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.



Benefits

First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website:https://firstbankchicago.com/Employee-Benefits.

First Bank Chicago is an Equal Opportunity Employer: disability/veteran

Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024

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